A significantly amended plan of reorganization from Montana Tunnels Mining, Inc. (MTM), the long-troubled owner of a shuttered mine in Jefferson City, was confirmed Oct. 4 by a U.S. Bankruptcy
Nine months after filing for bankruptcy started the timer on Montana Tunnels’ race to reorganize, the company is still working to overcome its largest hurdle: the reclamation bond held by
Montana Tunnels Mining Inc. has taken two steps forward and one step back in its Chapter 11 bankruptcy proceedings after several entities filed oppositions to the company’s plan for reorganization
In the wake of Montana Tunnels Mining’s Dec. 5 Chapter 11 bankruptcy filing, creditors are evaluating their options to collect their portion of the $29.64 million in unsecured debts owed